Whatcom Family Young Mens Christian Association

Analysis

Whatcom Family Young Mens Christian Association is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whatcom Family Young Mens Christian Association reported income of $9.1m and spending of $8.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $9.1m (+29%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whatcom Family Young Mens Christian Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include League on Social Services Inc Family Day Care Program ($9.1m), Appalachian Area Agency on Aging Inc ($9.1m) and Wispact Inc ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $147k (1.7% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $11.7m against liabilities of $1.7m, net assets of $9.9m. It reported 471 employees.